1. All Stories
  2. Politics
  3. Economy
  4. World
  5. Nuclear
  6. Society/Culture
  7. Space/Science
  8. Sports
  9. Tourism
  10. Other Media
  11. Videos
  12. Photos
  13. Cartoons
  14. Interview
    • فارسی
    • عربی
    • Türkçe
    • עברית
    • Pусский
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook
  • All Stories
  • Politics
  • Economy
  • World
  • Nuclear
  • Society/Culture
  • Space/Science
  • Sports
  • Tourism
  • Other Media
  • Videos
  • Photos
  • Cartoons
  • Interview

China Complains to US over Ending Iran Sanctions Exemptions

  • April, 23, 2019 - 16:25
  • Politics
China Complains to US over Ending Iran Sanctions Exemptions

TEHRAN (Tasnim) – China has made a formal protest over the US decision to impose sanctions on oil exports from Iran, saying the move could destabilize the Middle East.

Politics

The sanctions, which take effect next month, would hit Chinese oil companies that are among Iran’s biggest customers.

The Trump administration is demanding countries no longer import any oil from Iran, removing waivers from US sanctions on crude granted to some of Iran’s largest customers.

China has lodged representations with the US, the foreign ministry said on Tuesday.

“The decision from the US will contribute to volatility in the Middle East and in the international energy market,” foreign ministry spokesman Geng Shuang said, Financial Times reported.

Iran is China’s seventh-largest crude oil supplier, accounting for about 6 per cent of imports in 2018. China relies on imports for about half of its oil. Brent, the international oil benchmark, rose to a five-month high on Tuesday.

 
R1355/P
Read more
Iran Plays Down US Plan to End Oil Waivers, Says Sanctions Unlawful
US Announces End to Iran Oil Import Waivers
  • About
  • Contact Us
  • Archive
  • Most Visited
Follow Us:
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook

All Content by Tasnim News Agency is licensed under a Creative Commons Attribution 4.0 International License.